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C150371 Approval Letter
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C150371 Approval Letter
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Last modified
2/19/2015 10:53:23 AM
Creation date
10/22/2013 10:56:08 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
CT2015-031
C150371
Contractor Name
Rough and Ready Irrigating Ditch Company
Contract Type
Loan
Water District
5
County
Boulder
Loan Projects - Doc Type
Approval Letter
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CWCB Water Project Loan Program C150371 <br />Project Data Sheet <br />Borrower: Rough & Ready Irrigating County: Boulder <br />Ditch Company <br />Project Name: Rough & Ready Ditch River Project Type: Diversion Rehabilitation <br />Diversion Structure Repair <br />Drainage Basin/ District: South Platte / 5 Water Source: St. Vrain Creek <br />Total Project Cost: $1,825,000 <br />Type of Borrower: Blended <br />CWCB Loan: $1,843,250 <br />(with I% service fee) <br />Funding Source: Severance Tax PBF <br />Average Annual Diversion: 7,528 AF <br />Interest Rate: 2.7% Term: 30 -years <br />(15% Ag, 69% Mid, 13% High, 3% Com) <br />During the unprecedented flood of September 2013 in the tributaries to the South Platte River, a <br />significant number of diversion structures and dams along the river corridor were damaged <br />including the Company's river diversion off the St. Vrain Creek. This structure also serves as the <br />diversion dam for the Palmerton Ditch. The diversion dam and sand gates no longer exist and the <br />headgates sustained major damage. The purpose of this Project is to rebuild the diversion dam, <br />sand gates, Rubicon flumegate, headgates, ditches, and measuring flumes. The structure will be <br />the same size and location but will include a combined conveyance ditch off the diversion and <br />will include the addition of a bypass to the river to better regulate diversions. <br />1k�ba3d.?l� <br />M <br />,n, *y F <br />.. ^;. UIe Greek <br />s.� Course <br />tgmont <br />
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